
Q4 2009, The Barometer
Preliminary figures in the Q4 2009 Unquote Barometer, published by unquote” and sponsored by Candover, show that the European buyout market remained in the doldrums during Q4, with the volume and value of deals remaining broadly similar to Q3. There were 77 buyouts recorded with a value of around €9 billion.
For the full year, the value of buyouts totaled €23bn, down 68% from €72bn in 2008 and 88% down on the record €187bn witnessed in 2007.
So what will happen in 2010? The rising equity and debt markets all point to a recovery, and past history dictates that activity levels pick up in the post-recessionary period. Combined with an increase in exits directly or indirectly linked to fund raisings, it seems likely that Europe’s private equity industry will move forward again.
The unquote” Barometer is published by Incisive Media and sponsored by Candover. It is a comprehensive review of the state of the private equity market across Europe